We use cookies to customise content for your subscription and for analytics.If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

FSCP says with-profits compensation plans unfair

FSCP has criticised FSA's proposal to allow compensation moneys for mis-selling to be taken out of with-profits funds. It says these proposals, in CP 09/9, make shareholders suffer for management mistakes.